LONDON, ENGLAND - India will not join the coffee retention plan proposed by the
Association of Coffee Producing Countries (ACPC) until they know whether Indonesia and Vietnam will follow the scheme as well, reports the Financial Times.
During the middle to late 1990s, the producing countries formed the
Association of Coffee Producing Countries, which initially established and still has coffee quotas assigned to their members on an annual basis.
"The council of the
Association of Coffee Producing Countries approved the plan which was submitted by the technical group and approved by all members," said Amaral.
The
Association of Coffee Producing Countries (ACPC), which represents 14 of the main producing nations, has said it would recommend a retention scheme to the ACPC's ruling council' on May 8 and 9.
The
Association of Coffee Producing Countries is studying a number of options to encourage a price recovery.
The historic meeting in Guatemala in May last year marked the first time all the Central American coffee organizations met together since Guatemala's controversial decision to abandon the export retention scheme of the
Association of Coffee Producing Countries (ACPC) during the 1993/94 crop year, a decision which left the Central Americans divided in international coffee policy matters.
That would not be an impossible figure if - and it's a big, scary if - Brazil discards the quotas that the
Association of Coffee Producing Countries has set.
Capitalizing on these higher prices, some countries, like Brazil, exceeded the export quota limit suggested by the
Association of Coffee Producing Countries (ACPC).
The
Association of Coffee Producing Countries became a permanent organization as of May 1995.
He also helped to set up the
Association of Coffee Producing Countries. He replaces Alexandre Beltrao, who stepped down September 30th.